My Technical Analysis Diary. . . . .Invest in stocks only after you have done your own Risk Management

SBI and L&T might not join the party

Looking at the sell offs in these counter at the higher level we can say that they will not join the bull rally for this month.

Both these stocks in past 10 days went up but final sell off have made new low on the accumulation/distribution indicator. This clearly gives the indication that the bears wore the bulls skin for the last week.